non-executive director

Board effectiveness self-assessment

Written by Elise Perraud Considering the important role and responsibilities of the board, why would an organisation satisfy itself with a sub-standard board i.e. a board inadequately set up to address the organisation’s challenges, define the strategy and achieve the corporate mission? To improve the performance of the board and of individual board members, a…

Non-executive directors

Payment practices: your board responsibilities

Written by Elise Perraud   What your payment practices tell your stakeholders about your culture and your ESG strategy. Your responsibilities as a non-executive director and board member to identify and address potential issues in the procurement and finance processes, payment practices and supplier relationships.   Companies’ payment practices came into the spotlight after the…

non-executive director

How to become an effective non-executive director

How to become an effective non-executive director In this note, Elise Perraud, Chief Operations Officer of NEDonBoard, explains how to become an effective non-executive director (NED). The note answers frequently asked questions about the role and importance of NEDs, the compensation that NEDs receive and outlines the benefits of starting your journey to non-executive directorship…

non-executive director

Board Dynamics

  In this week’s blog, we discuss the importance of healthy board dynamics to increase the effectiveness of the decision-making process and create an enjoyable environment in which individual board members thrive. Written by Elise Perraud.   What do we mean by board dynamics and why this is important? Board dynamics are the way individual…

The collapse of Patisserie Valerie offers some key lessons for non-executive directors and board members. Find out what these lessons are!

On Tuesday 22nd January 2019, Patisserie Valerie announced that it failed to secure an extension to its lending facilities and that it had to collapse into administration. Patisserie Valerie is the latest high-profile company to collapse because of fraud and inaccurate data. This raises some of the exact same issues as the collapse of Carillion…

NEDonBoard Response to the FRC Consultation upon the proposed ‘Wates Corporate Governance Principles for Large Private Companies’

Having identified the need for corporate governance principles applicable to large private companies, the Financial Reporting Council (FRC), on behalf of James Wates, CBE, published a consultation on a set of principles focused on improving transparency and accountability in this area. ‘Known as the Wates Corporate Governance Principles for Large Private Companies, the principles are…

Most executives who want to become non-executive directors are unlikely to become one. Here is why:

Written by Jean-Philippe Perraud, NEDonBoard General Director. Over the last 4 years, I’ve met with numerous aspiring non-executive directors. I came to this conclusion: it is probable you will never be a non-executive director. Assuming you show an interest in NEDonBoard or you contact me, here are the rough probabilities you can use as a…